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EdTech platform Educatly secures $1M in pre-seed to be “LinkedIn for Education”

Founded in 2020, the platform is being set up to be “the upcoming LinkedIn for Education"

By: Business Today Egypt

Wed, Nov. 17, 2021

Egyptian EdTech startup, Educatly, recently secured $1 million in a pre-seed round, as it looks to develop its product, recruit new hires, and scale marketing and sales operations, aiming to be to the go-to platform to find learning programs and connect with educational stakeholders.

Educatly aims to leverage technology to connect all educational stakeholders in a seamless digital environment by digitally mapping and integrating the world’s educational ecosystems to make it more accessible to users.

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Founded in 2020 by Mohammed El Sonbaty, Joan Manuel and Abdelrahman Ayman, the platform is being set up to be “the upcoming LinkedIn for Education."

According to a statement, the platform allows students to search, compare and apply to over 120,000 higher education opportunities such as colleges, programs, scholarships, and language courses.

Educatly claims that its user base grew to over 100,000 users (over 45,000 student profiles), with around half a million programs and institutions viewed, since its launch in 2020, onboarding 450+ schools from around the world.

On the B2B front, educational institutions, such as universities and course providers, will be able to share information on their programs to attract students.

“Educatly started out of a personal problem when I was looking to do my master abroad and the same happened to my cofounders," Mohammed El Sonbaty, CEO and founder of Educatly, tells Forbes Middle East. “It took me over two years and a lot of applications to different universities until I got one right”, he recalls.

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“The challenge Educatly addresses affects millions of students and educators globally. In the last few decades, the world has seen an incredible speed in digital transformation across every sector… and we are concerned about education as the global education ecosystems [are] fragmented and largely dependent on infrastructure we built ages ago which no longer fits the way we operate today…” explained CEO El Sonbaty.

The pre-seed round was led by Enterprise Ireland, Falak Startups, and other Angel Investors.